Lehman Brothers Case Study - 625 Words

1) Describe the situation at Lehman Brothers from an ethic perspective. What’s your opinion of what happened here? Lehman Brothers had a culture problem, as they incentivized there employees to take excessive risks. Their culture fostered significant risk taking. They use to reward employees with lots of money for taking risks. Individuals who made questionable deals were treated as heroes; on the other hand anyone who questioned decisions was often ignored or overruled. They use to ignore risk just hoping for outlandish profits, meaning it felt more like a casino then an investment bank. They ignored basic regulatory rules which created financial danger. Basic rules are the way companies grow and expand. Their desire to make money at all†¦show more content†¦Executives like Richard Fuld instead of owning up to their mistakes they made it worse by pushing envelope and justifying questionable accounting practices. They were not being responsible they never admitted to the end. 4) Could anything have been done differently at Lehman Brothers to prevent what happened? Explain. Yes, if they would have established stricter eternal procedures none of this would have happened. Meaning by having strict clear rules would have prevented them from taking the above risks. They would have stayed away from questionable tax deals. If they had a more transparency, and better in-house check and balance systems they would have removed themselves from making bad decisions. If they were not driven by the principle of money at all cost they would have been protected. If they would have been more risk averse they would have avoided filling for bankruptcy. 5) After all the public uproar over Enron and the passage of the Sarbanes Oxley Act to protect shareholders, why do you think we still continue to see these types of situations? Is it unreasonable to expect that business can and should act ethically? The reason is simple greed blurs the vision. When a company sees a potential win fall they have a tendency to look the other way and ignore the warning signal. When there is a will to be honest people will find the way to be ethical and moral. Lehman BrothersShow MoreRelatedLehman Brothers Case Study1703 Words   |  7 PagesBankruptcy cases in the United States was the 2008 Lehman Brother’s case. A numerous amount of the general public lost their employment, while investors lost their money during this crisis. By the Lehman Brothers commercial real estate investments failing, they were not able to efficiently finance its operations. This was all because of the 2008 commercial mortgage financial disaster. 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Enron’s case was the greatest failure in the history of American capitalism and had a major impact on financial markets by causing significant losses to investors. Enron was a company ranked by Fortune as the most innovative company in the United States; it exemplified the transition from the productionRead MoreMoney Market Should Not Drop Below A Dollar1392 Words   |  6 Pagesfunds as a default holding investment until the funds can be invested elsewhere. (Rice) However, during the financial crisis of 2008, the dollar dropped below a dollar. This occurred after one of the largest U.S. bankruptcy cases to ever happen. This was the Lehman Brothers who filed for bankruptcy causing a massive issue within the U.S. financial situation. This helped lead into the biggest financial crisis since the great depression. Kimberly Amadeo of The Balance.com explains the crisis stating

The Israeli Palestinian Conflict Israel Palestine...

Some studies on the Israel-Palestinian conflict postulate that the nature of the conflict has always been about land, meaning the partition of the holy land (e.g., Newman, 2002; Klieman, 2000; Alpher, 1995). But a tectonic shift occurred with the swift Israeli victory in the 6 day war of 1967, when Israel occupied the territories. Israeli occupation of the Palestinian territories bar Gaza strip ( territorially miniscule) has morphed into a sort of colonialism as Israel has buil a number of settlements on the territories it found in control of after 1967, which practically amounts to an annexation of the land. Therefore, the current Israeli-Palestinian conflict is essentially a conflict over Israeli colonization, the only remaining settler colonialism in the world. Early Israeli political thinkers were aware of the need to have overwhelming military superiority over the Arabs, the need for an Iron wall of Jewish Bayonets to drive the Palestinians into despair. The idea was to crea te a situation that in any subsequent negotiations, Israel would be able to negotiate from the position of strength. The conflict can only end if Israeli decolonization happens in Palestinian territories and a Palestinian state, which many Israelis support comes into being in its place in the territories occupied in 1967. If the Palestinian state takes the form of numerous non-contiguous enclaves surrounded by Israel, the likelihood of the conflict is high. Israeli prime minister Ariel SharonShow MoreRelatedThe First Two Uprisings Of The West Bank, Gaza And East Jerusalem1341 Words   |  6 Pagesin this literal sense the first two uprisings in 1987-1993 and 2000-2003 failed to achieve the goal of Palestinian autonomy or eventual independence. The First Intifada took place on the 8th of December 1987. This protest was against Israeli’s occupation of the West Bank, Gaza Strip and East Jerusalem. At the crowded checkpoint Israeli truck swerved and killed four The Palestinians. Palestinians in revenge swept across the Gaza Strip, spread to the World Bank and set into motion a blaze of nationalistRead MoreHow The Two State Solution Can Solve The Arab / Israeli Conflict825 Words   |  4 PagesHistory December 1st, 2015 How the Two-State Solution Can Solve the Arab/Israeli Conflict Over the years, people have argued about different solutions for the Arab/Israeli conflict. The Arab-Israeli conflict is an ongoing incongruity between Israelis and the Palestinians. Since 1948, the state of Israel is in the center of the dispute between the Palestinians and Israelis over who should own the land. The Jews (Israelis) claim that the land is theirs based on the promise to Abraham and his descendantsRead MoreIslamic and Middle East World Conflicts1048 Words   |  4 Pagescurrent conflict in the Middle East and Islamic world stands as the biggest constraint to peace in the region? 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As such, thorough review of the causes behind this ethnocentric conflict is vital in understanding the tumultuous power struggle in Israel and the violent instabilityRead MoreThe Conflict Between The Jews And The Middle East1347 Words   |  6 PagesPeace is a blessing that is often taken for granted. Unfortunately, The conflict between the Jews and Palestinians still has not reached this peace. this is due to many factors. Ever since the the 1948 war, acts of terrorism and destruction have happened on both sides. This war le ft the Palestinians with no homeland, creating the Palestinian Refugee problem. This and other factors (such as the Peel Commission), left the Palestinians distraught and Angry. Suicide bombing played a major role in these acts

The benefits of Facebook Network Free Essays

Nowadays social networks are so advanced in various ways; we then can communicate with friends easily on the internet. Social networks are well-known for everyone in the world who lives far away from each others in different countries. There are many programs we can use for communication, including Google, Hotmail, G-mail, Yahoo, Hi5, MSN, Skype, Facebook, and etc. We will write a custom essay sample on The benefits of Facebook Network or any similar topic only for you Order Now At the moment, Facebook is so popular for most people especially teenagers. Using the Facebook has lots of benefits for everyone who loves making friends through networks. Firstly, Facebook has a lot of functions that is very popular and interesting nowadays. It’s like a friendship book. If you use Facebook, you can make your own profile. You also can find your old friends when you were at a primary or high school on Facebook networks by using only their names or their E-mail addresses. In addition, you can share your pictures or video clips to your friends on Facebook networks. You can post your messages you want on your Facebook wall. You can chat online realtime with your friends on Facebook. If you want to comment on your friend’s pictures, friend’s messages or friend’s video clips, you can do it easily. And your other friends can share their opinions and ideas with you. Facebook thus has many good choices for you to make friends on this particular social network. Secondly, the Facebook is outstanding for multifunction using. The Facebook is excellent for playing games with your friends even living apart from each other. There are various kinds of flash games you can enjoy and build up your own creative world. The News walls and activities can be created on the Facebook in order to share information and invite your friends or groups to participate corporately and creatively. Now, let’s ask yourself whether you are an enjoyable person with games and activities or not, if the answer is yes, the Facebook is then the suitable social network for you. Lastly, using the Facebook is good opportunities to learn languages, cultures, and business in the global networks. The Facebook network has more than 400 million users around the world, and it is growing everyday that helps the members to exchange languages and cultures while chatting or posting messages on the wall. And also you can learn slang words from the network such as HMU (Hit me up), Brb (Be right back) and etc. The Facebook will also be served as the business purposes by posting product pictures or advertisements on the Fan page. The Facebook network then helps us to learn other cultures, languages, and business without direct interaction to each others. Using the Facebook has various benefits for everyone. The Facebook has many good choices for you to make friends on this particular social network. If you are an enjoyable person with games and activities, the Facebook is the suitable social network for you. The Facebook network is the cheapest way to learn other cultures, languages, and business. Using the Facebook is more advantage than other old social networks. How to cite The benefits of Facebook Network, Essay examples

Business Statistics Quantitative Methods

Question: Discuss about the Business Statisticsfor Quantitative Methods. Answer: Introduction The selected article tends to highlight the retail trade data for January 2017. Further, using various statistical tools and techniques, an analysis of the retail trade has been carried out which seeks to identify the various causal factors that are responsible for the witnessed trend. Additionally, a more detailed breakup of the various constituent categories and the underlying trends have also been highlighted. In wake of the above article and the findings contained therein, the objective of the given essay is to highlight the usage of various statistical techniques, variation measures, summarization and description of the data presented in the given article. Besides, suggestions have also been offered on how improvements can be done so as provide better and more relevant analysis of the given data. Analysis The given article tends to capture the trends with regards to retail trade in Australia in January 2017. Also, analysis of the same has been provided by taking into consideration the key determinants particularly consumer confidence. Since, all the data included in the given article is of numerical type where clear definition of zero exists, hence the appropriate data type is ratio. Further, the increase in various parameters is expressed using percentage which tends to draw a comparison of the current value with the previous value in order to derive meaningful information about economic growth (Flick, 2015). The visual approach to data presentation has been relied on where the relevant data is presented in the graphical form so as to enable the reader to make it understandable. In this respect, the corresponding data in the same month of the previous years has been presented so as to allow the reader to draw conclusions. Besides, the annual trend in the movement of retail trade has also been captured for various states so as to highlight the retail trade trend at the level of various states which improves the overall understanding or users. Finally, the movement of the key components of retail trend has also been graphically captured in order to draw conclusion about the contributory factors in the movement of retail trade value (Eriksson Kovalainen, 2015). The given article uses descriptive statistics since the focus is on describing the actual trends with regards to retail trade and to facilitate a comparison using various measures of descriptive statistics. Inferential statistics does not have any relevance here as the data in itself is essentially population data which is computed using pre=determined formula. Thus, the objective here is to present the retail trade data for January 2017 and allow the user to draw conclusions through the use of descriptive statistics which is limited not only to the current period but goes back to the historical period so as to allow the formation of time series which would allow the users to put the current data into perspective (Hair et. al., 2015). In the given article, emphasis is given on drawing the relationships between retail trade and the respective contributory factors in a bid to explain the relative movement by developing a causal relationship of retail trade with factors such as consumer confidence, household savings rate along with tourism. However, no exact model has not been developed to explain the relationship between these variables which is not necessary as the impact of these variables on retail spending and retail trade is already established in the available literature. Thus, focus has been more on the directional movements relying on the underlying correlation between the data (Fehr Grossman, 2003). For instance, a higher consumer confidence would result in higher retail spending and higher value of retail trade. Yet, another example is the tourism industry where a higher number of tourists would provide a boost to the retail sales. Thus, there seems to be correlation between the above mentioned two variab les and the relationship is upward sloping and positive. Thus, relying on these established relationships, the article tends to go beyond merely stating the fact s and aims to put things into perspective. With regards to the improvements in the information presented, the data about the exact variation in the retail trade data when compared annually and also using the corresponding months from previous years may also be represented. This would allow the users to understand the variability in the retail trade and to decipher the stability in the economy (Hastie, Tibshirani Friedman, 2011). A stable and growing economy would result in consistent growth of the retail trade while a economy passing through a turbulent phase would tend to show variations on either sides which tends to dampen the overall investor confidence in the economic growth going forward. Additionally with regards to presentation, a pragmatic suggestion would be to club the various graphs with their corresponding explanation in a tabular form so as to ensure that the presentation becomes more systematic. Summary It is apparent from the above discussion that the current article deals with the presentation of retail trade data corresponding to January 2017. Since all the data can be numerically expressed and have a well defined absolute zero, hence the data type deployed is essentially ratio type. Further, visual presentation has been given focus so as to facilitate understanding in a minimal amount of space available while making it interesting for the users. The article has used only descriptive statistics and based on the various available data, logical conclusions have been drawn. In this regard, causal relationship between the various determinants of retail trade and factors measured has been utilized to offer explanation to the users. For improving the given data, presentation is one aspect while variation of the retail trade in an appropriate time series may be imperative for the relevant stakeholders to understand the underlying economic stability. References Eriksson, P. Kovalainen, A. (2015).Quantitative methods in business research (3rded.). London: Sage Publications. Fehr, F. H., Grossman, G. (2003).An introduction to sets, probability and hypothesis testing (3rded.). Ohio: Heath. Flick, U. (2015).Introducing research methodology: A beginner's guide to doing a research project (4thed.). New York: Sage Publications. Hair, J. F., Wolfinbarger, M., Money, A. H., Samouel, P., Page, M. J. (2015).Essentials of business research methods (2nded.). New York: Routledge. Hastie, T., Tibshirani, R. Friedman, J. (2011).The Elements of Statistical Learning (4thed.).New York: Springer Publications.